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Alabama vs Missouri for MLO Licensing

Total Fees
$266.25
AL
vs
$246.25
MO
Pre-Licensing
20 hrs
AL
vs
20 hrs
MO
Timeline
4-8 wks
AL
vs
8-16 wks
MO

Side-by-Side Comparison

Category Alabama Missouri
Total Fees $266.25 $246.25
Pre-Licensing Hours 20 hrs 20 hrs
Processing Time 4-8 weeks 8-16 weeks
Renewal Cycle N/A N/A
Renewal Fee $75 $50
CE Hours 8 hrs 8 hrs
Reciprocity None None

Key Differences

Cost

Missouri is $20 cheaper for total licensing fees.

Winner: Missouri

Processing Speed

Alabama processes applications in 4-8 weeks.

Winner: Alabama

Category Winners

Lower Cost
Missouri $246.25
vs Alabama ($266.25)
Fewer Hours
Alabama 20 hrs
vs Missouri (20 hrs)
Faster Processing
Alabama 4-8 wks
vs Missouri (8-16 wks)

Alabama

Alabama State Banking Department

Official Website →

Missouri

Missouri Division of Finance

Official Website →

Compare More States

Compare Alabama MLO License

Compare Missouri MLO License